RFP issued for hotel and residential complex adjacent to Pier 1 in Brooklyn Bridge Park. The Brooklyn Bridge Park Corporation (BBPC) is seeking developers interested in building a hotel and residential complex on two parcels adjacent to Brooklyn Bridge Park’s Pier 1, between the Brooklyn Heights Promenade and the Brooklyn Bridge. BBPC would dispose of the property through a long-term ground lease. The project site consists of two lots (Parcel A and Parcel B) … <Read More>
Economic Development Corporation
Developer sought for East Side Sanitation garage site
City seeks developer for East River site which will house Sanitation garage and institutional facility. The Economic Development Corporation issued a request for proposals for the redevelopment of a Department of Sanitation-owned lot at 525 East 73rd Street in Manhattan. The roughly 68,000 sq.ft. site occupies the eastern half of a block bounded by East 74th and East 73rd Streets, and FDR Drive and York Avenue. Sanitation in 2008 demolished an existing garage on the … <Read More>
EDC seeks developer for Hunts Point industrial site
Opportunity to develop food-related or wholesale industrial use on 9.75- acre site near Fulton Fish Market. On June 2, 2011, the Economic Development Corporation issued an open request for proposals for the redevelopment of a City-owned site in Hunts Point, Bronx. The unimproved 9.75-acre parcel fronts Halleck Street and Food Center Drive, and is within the Hunts Point Distribution Center which includes the Hunts Point Produce Market, the Hunts Point Meat Market, and the New … <Read More>
Developer sought for Phase 1 of Willets Point District
City targeting 12.75-acre site adjacent to Citi Field for first phase of construction. On May 9, 2011, The City’s Economic Development Corporation issued a request for proposals seeking a developer for Phase 1 of the Willets Point District redevelopment plan in Queens. The triangle-shaped Willets Point District comprises 61.4 acres generally bounded by Northern Boulevard, the Van Wyck Expressway, and 126th Street. The contentious redevelopment plan was approved by the City Council in November … <Read More>
RFEI issued for vacant Corn Exchange building
- Image: Courtesy of Cityland.
City is in process of reclaiming landmarked building after owner failed to redevelop property. On March 22, 2011, the City’s Economic Development Corporation issued a request for expressions of interest for the purchase and redevelopment of what remains of the landmarked Corn Exchange Building at the corner of East 125th Street and Park Avenue in East Harlem. The Lamb & Rich-designed six-story building was built in 1884 and has deteriorated significantly … <Read More>
Audit cites EDC for Water Club’s lease violations
EDC faulted: Comptroller found waterfront restaurant violated lease’s revenue- reporting and site-improvement requirements. An audit by City Comptroller John C. Liu concluded that MDO Development Corporation violated its lease agreement for a City-owned site occupied by the Water Club restaurant along the East River between East 30th and 32nd Streets in Manhattan. The audit found, among other things, that MDO did not accurately report revenue from the restaurant and failed to make required site improvements. … <Read More>